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305 Perry Creek Drive

305 Perry Creek Drive, Chapel Hill, NC 27514
Property in Springcrest
Sold May 22, 2017
$430,000
$280,000 by Stearns Lending Llc
Mortgage Due Jun 01, 2032
Sold Jul 21, 1999
$234,100
Buyer
Local assessors in Chapel Hill, NC have categorized 305 Perry Creek Drive as a residential type of property. The home was built in 1997 and is 27 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 305 Perry Creek Drive has a total of 2,624 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of shingle (not wood). Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 305 Perry Creek Drive sold most recently in Apr 27, 2017 for a total of $430,000. If you work out the math, that's approximately a cost of $163.87 per sqft. Before that, the property was also sold for $234,100 in Jul 21, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,384 in taxes each year. The initial year of tax delinquency occurred in 2022. 305 Perry Creek Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $444,600. If we break it down further, the land itself was valued at $152,000. Improvements to the property, however, were assessed at a total of $292,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2002
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,624
  • Gross Building Area: 4,799
  • Building Area: 2,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRINGCREST
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 38 PH 5 SPRINGCREST P77/58

Ownership

  • Current Owner : YANG WANG YUAN
  • Current Owner 2: YANG LI
  • Previous Owner : LIU QING HUO
  • Previous Owner 2: LI TONG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011206

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 6307/13
  • District: 7
  • Subdivision Phase Number: 5
  • Parcel: 9890-33-9892
  • Municipality: CHAPEL HILL
  • Latitude: 35.959
  • Longitude: -79.0203

    Address

  • Full Address: 305 Perry Creek Dr
  • Address - House Number: 305
  • Address - Street Name: Perry Creek
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C048
  • 4-Digit Zip Code: 5233
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,384
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 718,763
  • High Value: 849,859
  • Low Value: 587,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: May 22, 2017
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2032

    Market Valuation

  • Market Total Value: $444,600
  • Market Land Value: $152,000
  • Market Improvement Value: $292,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,600
  • Assessed Land Value: $152,000
  • Assessed Improvements Value: $292,600

    Sales

  • Current Sale Contract Date: Apr 27, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Transaction ID: 1589305939
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170522000095550
  • Previous Sale Recording Date: Jul 21, 1999
  • Previous Sale Contract Date: Jul 21, 1999
  • Previous Sale Amount: $234,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: May 22, 2017
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2032

About Springcrest



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Frequently Asked Questions

What neighborhood is 305 Perry Creek Drive located in?
The 305 Perry Creek Drive is a located in the neighborhood of Springcrest in Springcrest, Chapel Hill.
What is the average sales price for listings in 305 Perry Creek Drive?
The average sales price for units in 305 Perry Creek Drive is $0 currently.

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